TTWO has been overall bullish, trading within a rising wedge pattern marked in blue.
After the recent drop, price is now retesting a strong intersection:
• The green demand zone
• The lower bound of the rising wedge
This confluence area is key.
As long as this intersection holds, we will be looking for trend-following longs on lower timeframes, aligning with the overall bullish structure.
If buyers defend this zone, continuation toward the upper bound of the wedge becomes the higher-probability scenario.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After the recent drop, price is now retesting a strong intersection:
• The green demand zone
• The lower bound of the rising wedge
This confluence area is key.
As long as this intersection holds, we will be looking for trend-following longs on lower timeframes, aligning with the overall bullish structure.
If buyers defend this zone, continuation toward the upper bound of the wedge becomes the higher-probability scenario.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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Trusted CFD Broker
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
